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Author: unquarked   😊 😞
Number: of 75963 
Subject: Re: SAP SE
Date: 02/03/26 12:26 PM
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shares of software companies have experienced a good deal of multiple compression recently, out of concern that AI will render a lot of their moats, um, evanescent.

I'm wondering whether speculative, non-value-oriented, short-term market volatility might be diminished by AI rendering more accurate estimates of fair value.

Tom
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